Richmond, ME
Full City Profile · Maine · Kennebec County County
3.7
/5.0
B+
Good
1,946
Population
273/sq mi density
$72,036
Median Income
$30,805 per capita
$221,600
Home Value
$337,159 Zillow
$1,013
Median Rent
28.6% income on rent
46°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$72,036 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$221,600 home value, $1,013/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.5 / 5.0
31.2% bachelor's degree or higher
Housing Overview
Median Home Value
$221,600
21% below
US avg: $281,900
Median Rent
$1,013/mo
13% below
US avg: $1,163/mo
Homeownership Rate
58.1%
11% below US avg (65.4%)
Total Housing Units
851
Median year built: 1947
Home Value by Source
Census Median
$221,600
Zillow (ZHVI)
$337,159
Redfin Median Sale
$315,000
Median Sale Price
$315,000
Median List Price
$205,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.1%
Owner-Occupied
41.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent:
$1,013/mo
Market Indicators (Redfin)
Median Sale Price
$315,000
Median Days on Market
31 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$206
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1947
Average age of housing stock: 79 years
Homeownership Rate
58.1%
Complete Housing Data
Home Values
| Census Median Value | $221,600 |
| Zillow Home Value (ZHVI) | $337,159 |
| Redfin Median Sale | $315,000 |
| Median Sale Price | $315,000 |
| Median List Price | $205,000 |
| Price Per Sq Ft | $206 |
Rent
| Census Median Rent | $1,013 |
| FMR Studio | $1,108 |
| FMR 1-Bedroom | $1,186 |
| FMR 2-Bedroom | $1,497 |
| FMR 3-Bedroom | $1,951 |
| FMR 4-Bedroom | $2,190 |
Market
| Days on Market | 31 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 14.3% |
| Homes Sold | 1 |
| Active Inventory | 7 |
| Price Per Sq Ft | $206 |
Ownership & Stock
| Owner-Occupied | 58.1% |
| Renter-Occupied | 41.9% |
| Homeownership Rate | 58.1% |
| Total Housing Units | 851 |
| Median Year Built | 1947 |
| Rent Burden | 28.6% |